INGOT - Integration of Cryptocurrency Into The Existing Financial System

in #blockchain6 years ago

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In order to develop and widely use crypto-currencies around the world, a strong support infrastructure and an ecosystem that would ensure the convenience of using crypto-currencies are needed. Simply put, exchanges, which easily and without extra costs would provide a simple exchange of crypto currency for fiat money, as well as a cryptocurrency between themselves, are necessary,. There should be convenient and reliable wallets that would allow storing cryptocurrencies without fear of hacking wallets and the risk of losing all your savings on your wallet. Broker and market sites, which would allow exchanging crypto-currencies for other assets, goods, products and services, are necessary. We need stores that will accept cryptocurrencies. Sellers should be sure that cryptocurrencies are also reliable and convenient as fiat money. And, finally, we need training centers so that people understand what cryptocurrencies are and why they are needed.

Cryptocurrencies should live not their own separate lives, they must be integrated into the existing financial world and the banking system and feel confident in it. Moreover, cryptocurrencies have huge opportunities, entering the financial world, making it better and solving many problems. Centralization and a huge number of national currencies disconnect the world, crypto-currencies are able to unite it. Cryptocurrencies allow to remove superfluous intermediaries, to make the finance more open and transparent, to remove barriers, to reduce expenses and to increase speed of passage of money resources. Uniting with the existing financial environment, cryptocurrencies can make it better, more accessible, easier and more understandable.

Only such integration and merging with the existing financial system will provide the crypto-currencies with the prosperity and growth of courses. So the founders and developers of the project INGOT Coin believe. To realize what they conceived, they have developed an entire ecosystem, which consists of a wallet, stock exchange, brokerage platform and training center.

The INGOT Coin wallet characterizes safety, convenience of use and the ability to work with various cryptocurrencies and fiat money. It allows you to store different types of assets in one place and quickly use them.

The INGOT Coin exchange allows you to quickly and with small commissions change cryptocurrencies, tokens and fiat money, breaking the gap between cryptocurrency and fiat.

Brokerage service for traders and brokers from INGOT Coin will provide ample opportunities for traders and professional exchange players, making trade even more profitable and promising.

For convenience of users Digital Bank will be created on the basis of a wallet in the future, which will provide even more opportunities to store and manage not only cryptocurrencies and other digital assets, but also fiat money.

And finally, the Crypto Certifier training center will be created, which will tell about all the advantages of cryptocurrencies and teach you how to work with them, as well as ways to earn money on cryptocurrencies, trade in cryptocurrencies.

It is envisaged to create its own pool of liquidity to ensure the smooth operation of all platform tools, develop and maintain its community, create an accelerator for the ICO.

To understand how much this idea is in demand, it should be noted that at the Pre-ICO stage $40 million was already collected with a soft cap in $37 million. Thus, the necessary amount has already been collected for the implementation of the project.

In the 4th quarter of 2018, a wallet will be launched, in the 2nd quarter of 2019, on the basis of an existing and working wallet, Digital Bank will be created, in the 3rd quarter of 2019, the remaining elements of the ecosystem will be completed: the liquidity pool, the stock exchange, brokerage platform, training center, accelerator for ICO.

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Author: Men In Block

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